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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.50-1.3%3:59 PM EST

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To: Ed Fishbaine who wrote (11751)10/15/1999 7:38:00 PM
From: Scott Wheeler  Read Replies (1) of 14226
 
<< ...possibly a significant piece of the action committed to the new outfit. >> Ed, I asked directly about this and was told "No, it's a straight business deal", i.e., no equity stake as payment. You could look at this as either encouraging or not, depending upon your read, imo. If you read it as "they don't want to gamble on chancy stock", then you're sallow on it. If you think, "They gotta know Global can't pay them now, so if they want to get paid, they'll have to make this thing spit sheckels pronto", then you're sanguine. (and I am sure there will be a half-dozen other interpretations on this thread, some of them dizzy)..... ...regards, Scott
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